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Rates on C.D.s Are Soaring, but the High Rates May Not Last

April 21, 2023

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Banks are offering the promotional rates to attract deposits. But given concerns about the economy, it’s unclear how long banks will continue to reward savers.

By Ann Carrns | NYTimes | NYT > Business | Disclosure

Banks are offering the promotional rates to attract deposits. But given concerns about the economy it’s unclear how long banks will continue to reward savers. NYT NYT > Business NYTimes

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Rates on C.D.s Are Soaring, but the High Rates May Not Last

Banks are offering the promotional rates to attract deposits. But given concerns about the economy, it’s unclear how long banks will continue to reward savers.

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